Melior Resources Incorporated operates in the Bituminous coal and lignite--surface sector. Melior Resources Inc., formerly Coalcorp Mining Inc., is engaged in the mining, metallurgical and mineral industries. On March 19, 2010, the Company's wholly-owned subsidiaries completed the sale of the La Francia I Assets and the Adromi Shares to GS Power Holdings LLC, a subsidiary of the Goldman Sachs Group, Inc. (collectively, the Transaction). Prior to the completion of the Transaction, the Company operated the La Francia coal mine located in the Cesar region of Colombia and held an 8.43% interest in Ferrocarriles del Norte de Colombia S.A. (Fenoco). The Company amended the terms of its agreement (the CMC Amendment) with its mining contractor, Consorcio Minero del Cesar (CMC). Under the CMC Amendment, CMC agreed to reduce the production of waste from 1.7 million banked cubic meters (BCMs) per month to 900,000 BCMs per month. In our complete report available for purchase the company is compared to: Homeland Energy Group Limited, Elgin Mining Incorporation and Southgobi Resources Limited.